The chief executive of the country's largest mortgage lender says it's his duty to avoid using public money to write off mortgage debts.
Jeremy Masding of Permanent TSB says his bank has set aside 1.4 billion euro to deal with possible mortgage losses.
But he's told an Oireachtas committee that only 11 million euro of mortgage debts have actually been wiped off.
Mr Masding says his duty is to ensure that the taxpayer's money is used as wisely as possible.
